Sallie Mae has led a series C round for Deserve, which offers credit cards to students without a credit history.
Month: August 2018
Lacework ties $24m to series B
Lacework has developed cybersecurity technology specifically aimed at the cloud and has now added $24m to its coffers thanks to investors including Liberty Global Ventures.
Salesforce engages with Narvar series C
Narvar has obtained $30m in funding from a consortium that included Salesforce Ventures, though Fung Capital chose not to participate this time.
Spotinst marks $35m series B
Israel-based cloud workload software developer Spotinst received $35m in series B funding yesterday from investors including Intel Capital, the corporate venturing arm of semiconductor producer Intel. Highland led the round, which also included Leaders Fund and Vertex Ventures, a venture capital subsidiary of Singaporean government-owned investment firm Temasek. Founded in 2015, Spotinst operates an automated… Continue reading Spotinst marks $35m series B
Planday schedules $40m series C
Planday, a workforce collaboration platform backed by Metro, has closed a $40.8m series C round led by SEB Private Equity.
Alzheon relaunches IPO plans
Aptus-backed Alzheon hopes to raise $40.3m in proceeds, less than half as much as it had targeted earlier this year before withdrawing plans in May.
Puls finds $50m series C rhythm
Samsung has put its weight behind a $50m series C round for Puls, which connects consumers with technicians specialising in smart devices.
Wisconn Valley Venture Fund surges with $100m
Advocate Aurora Health, Foxconn, Johnson Controls and Northwestern Mutual have each put $25m into a $100m venture capital fund.
SoftBank and ZhongAn form joint venture
SoftBank Vision Fund, a vehicle created by internet and telecoms firm SoftBank, has joined forces with the international arm of insurance company ZhongAn Online P&C Insurance to establish a $200m joint venture, Reuters reported yesterday. The partners have not announced a name for the joint venture, which will sell ZhongAn’s technology to financial and healthcare… Continue reading SoftBank and ZhongAn form joint venture
Outset originates $132m series D
Baxter Ventures has participated in a series D round for Outset Medical that was led by Mubadala Investment Company.
Nio charges towards $1.3bn IPO
Tencent-backed smart vehicle developer Nio has set its pricing range at $6.25 to $8.25 and stands to raise $1.32bn if it floats at the top of its range.
Boston Scientific bosses NxThera acquisition
The size of the deal for portfolio company NxThera could reach $406m in size, with Mitsui exiting the medical device maker through the acquisition.
Shansong picks up $60m series D1
Shansong Express has added $60m to its coffers following a series D1 round that featured return investors Hearst and SIG.
Flare draws in new funding
Point72 Ventures led a $15.4m round for Reinventure-backed human resources management platform developer Flare that will support hiring.